$695,000

600 W 1st Street

La Junta CO, 81050

Description

Multiple business opportunity rolled into one property at one price. This property includes a Car Wash business, Detail Shop, income from a Water Vending Machine business owned by the seller, and income from a Commercial Building Lease. The Car Wash includes 5 bay Self-service: 8 position wash, credit card system by Wash Pay, security cameras, electronic vending, drop shelf vending stations and new awnings 2019. One of the 5 self service bays is perfect for a large truck bay. There is one Belanger Vector Rapid Touch free automatic car wash (installed in 2006) with a Unitec Wash select auto cashier, 4 vacuum stations and a detail shop. The commercial building is leased to a franchised auto parts store and the seller will pay a percentage of gross income from the water vending machines. This is a great opportunity on a very successful business with a $63,937 NOI realizing a 9.20% Cap Rate! Call today and see how you can take advantage of this multi-business property.

Details

MLS#4474978
StyleRetail
Sub-TypeResale
StatusActive
Year1980
Days On Site15

Features

SQ Feet3,000
Story(s)1
ZoningC-1

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Area Information

StateCO
CountyOtero
CityLa Junta
Zip Code81050
AreaOtero
Listing VS Median (in 81050)
Price:
$695,000
low | high
Med:
$140,000
100% of Average
SqFt:
3,000
low | high
Med:
12,550
100% of Average
$ / SqFt:
$232
low | high
Med:
$11
100% of Average
On Site:
15
low | high
Med:
154
9.74025974026% of Average
Listing Updated: 11/12/2019
MLS Number: 4474978
Listing Provided By:
Tom Brann  of  Norm Murphy Associates Inc
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